AIM-listed German commercial property investment company Summit Germany, has signed a lease agreement for approximately 9,000 m[sup]2[/sup] in its Osram Hofe property in Berlin. The new lease agreement with the Berlin State hospital is for an average term of 6.5 years and will generate a rental income of EUR 1.1 mln per annum.
CDC Investissement Immobilier, the real estate asset management subsidiary of French financial institution Caisse des Dépôts, has inked a strategic partnership with Covivio in Germany.
